I Disagree With Buffett Buying Lennar And D.R. Horton

Summary

  • Berkshire Hathaway's 13F filing reveals that Warren Buffett has added homebuilders to his portfolio.
  • Despite high mortgage rates, homebuilders have been performing well and outperforming the S&P 500.
  • I dislike the current risk/reward, as margins are under pressure, building permits are contracting, and economic risks are elevated.
  • Looking for a helping hand in the market? Members of iREIT on Alpha get exclusive ideas and guidance to navigate any climate. Learn More »
Warren Buffett And BofA CEO Brian Moynihan Speak At Georgetown University

Drew Angerer

Introduction

It's 13F time again!

The Securities and Exchange Commission's ("SEC") Form 13F is a quarterly report that institutional investment managers with at least $100 million in assets under management are required to file.

While we're dealing with lagging info (funds

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This article was written by

42.9K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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